Introduction
Leading shipbuilding company signed an exclusive MoU with France’s Naval Group to offer evolved submarines for a friendly country, supporting its ongoing submarine acquisition program and strengthening defense collaboration.
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Share price movement of Mazagon Dock
On October 20, 2025, Mazagon Dock Shipbuilders Limited opened at ₹2,818.50, up 0.07% from its previous close of ₹2,817.05. The stock reached a high of ₹2,848.00 (1.10%) and a low of ₹2,814.00. By 12:12 PM, it traded at ₹2,823.85, a 0.24% increase, with a market cap of ₹1,13,908.46 crore.
Mazagon Dock Signs Exclusive MoU with Naval Group
Mazagon Dock Shipbuilders Limited (MDL) signed an exclusive MoU with Naval Group, France on October 16. The agreement covers offering evolved submarines to a friendly country.
The MoU supports the ongoing submarine acquisition program. This collaboration aims to enhance strategic defense capabilities. The agreement was executed to strengthen international defense partnerships.
Recent news on Mazagon Dock
As of September 23, 2025, Mazagon Dock Shipbuilders Limited (MDL) announced an MoU with Guidance Tamil Nadu to explore developing a world-class greenfield shipyard on India’s eastern coast.
Stock performance of Mazagon Dock for Period of 1 week, 6 months, and 1 year
Mazagon Dock Shipbuilders Limited delivered a -0.39% return over the past week, gained 1.89% in the past six months, and rose 24.5% over the past year.
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Shareholding pattern of Mazagon Dock
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 81.20% | 81.20% | 84.80% |
| FII | 2.00% | 2.60% | 2.30% |
| DII | 6% | 5% | 1.70% |
| Public | 11.20% | 11.00% | 11.20% |
About Mazagon Dock
Mazagon Dock Shipbuilders Limited (NSE: MAZDOCK), established in 1774, is a leading Indian shipyard, constructing 801 vessels since 1960, including warships, submarines, cargo and passenger ships, and offshore platforms.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: Mazagon Dock Shipbuilders Limited share price is rising after signing an exclusive MoU with Naval Group, France for offering evolved submarines.
A: Promoters hold an 81.20% stake in Mazagon Dock Shipbuilders Limited stock as per the latest shareholding data.
A: Mazagon Dock Shipbuilders Limited stock has a 52-week high of ₹3,778.00 and a 52-week low of ₹1,917.95.
